![Notice u/s 148 Beyond Three Years Not Allowed for Escaped Income Below Rs.50 Lakh: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Notice.jpg "Notice u/s 148 Beyond Three Years Not Allowed for Escaped Income Below Rs.50 Lakh: ITAT [Read Order]")
Notice u/s 148 Beyond Three Years Not Allowed for Escaped Income Below Rs.50 Lakh: ITAT [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal(ITAT)ruled that a notice issued under Section 148 of the Income Tax Act,1961 beyond the...
![ITAT Rules Reassessment Invalid for Non-Application of Mind in Approval Process u/s 151 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Delhi-Approval-Process-Jurisdictional-Authority-Due-Application-of-Mind-Mechanistic-Approval-Legal-Precedent-Reopening-of-Assessment-Failure-to-Apply-Mind-Taxpayer-Rights-taxscan.jpg "ITAT Rules Reassessment Invalid for Non-Application of Mind in Approval Process u/s 151 [Read Order]")
![Relief to IBIBO Group: Delhi HC drops Income Tax Reassessment Proceedings for AY 2015-16 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/IBIBO-Group-Income-Tax-Reassessment-Proceedings-Delhi-HC-taxscan-1.jpg "Relief to IBIBO Group: Delhi HC drops Income Tax Reassessment Proceedings for AY 2015-16 [Read Order]")
Failure to Consider Service of Notices and Submissions Made by Assessee: ITAT Remands Matter to CIT(A) [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) remanded the matter to the Commissioner of Income Tax(Appeals) [CIT(A)] for a fair review, highlighting the failure to consider the...
![Failure to Consider Service of Notices and Submissions Made by Assessee: ITAT Remands Matter to CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Failure-to-Consider-Service-Income-Tax-Appellate-Tribunal-CITA-taxscan.jpg "Failure to Consider Service of Notices and Submissions Made by Assessee: ITAT Remands Matter to CIT(A) [Read Order]")
Reassessment Valid Despite Jurisdictional Challenge: Delhi HC Restores ITAT Proceedings [Read Order]
In a recent ruling, the Delhi High Court held that the reassessment of income under Section 147 of the Income Tax Act, 1961, was valid despite challenges to jurisdiction and restored the case to ITAT...
![Reassessment Valid Despite Jurisdictional Challenge: Delhi HC Restores ITAT Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Delhi-HC-Delhi-High-Court-ITAT-ITAT-Proceedings-Reassessment-urisdictional-Challenge-taxscan.jpg "Reassessment Valid Despite Jurisdictional Challenge: Delhi HC Restores ITAT Proceedings [Read Order]")
Reassessment Proceedings cannot be Initiated without Completing Assessment : Madras HC [Read Order]
The Madras High Court ruled that the reassessment proceedings under Section 148 of Income Tax Act, 961 cannot be initiated without completing the assessment. The court also clarified that the notices...
ITAT remands Case for Verification of Unexplained Investment and Loss Set-Off due to Insufficient Evidence [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) remanded the case back to the Assessing Officer (AO) for verification of the unexplained investment and loss set-off due to insufficient...
![ITAT remands Case for Verification of Unexplained Investment and Loss Set-Off due to Insufficient Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Remands-Income-Tax-Appellate-Tribunal-Unexplained-Investment-Income-Tax-Unexplained-Investment-and-Loss-Set-Off-taxscan.jpg "ITAT remands Case for Verification of Unexplained Investment and Loss Set-Off due to Insufficient Evidence [Read Order]")
ITAT distinguishes b/w Total Business Turnover & Business Income, quashes Ex-Parte Additions u/s 69 of Income Tax Act [Read Order]
In a recent case before the Income-tax Appellate Tribunal (ITAT), Nagpur the tribunal quashed ex-parte additions made under Section 69 of the Income Tax Act ( the Act from hereon) and remarked...
![ITAT distinguishes b/w Total Business Turnover & Business Income, quashes Ex-Parte Additions u/s 69 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Nagpur-ITAT-distinguishes-Total-Business-Turnover-Business-Income-quashes-Ex-Parte-Section-69-of-the-Income-Tax-Act-TAXSCAN.jpg "ITAT distinguishes b/w Total Business Turnover & Business Income, quashes Ex-Parte Additions u/s 69 of Income Tax Act [Read Order]")
Reassessment Notice sent to Tax Consultant’s email ID goes Uninformed to Taxpayer: ITAT remands Notice [Read Order]
In a recent ruling, the Income Tax Appellate Tribunal remanded the Income Tax notice, which was sent to the Email ID of the tax consultant of the taxpayer, in which he failed to inform the assessee...
![Reassessment Notice sent to Tax Consultant’s email ID goes Uninformed to Taxpayer: ITAT remands Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Appellate-Tribunal-Reassessment-notice-Tax-Consultants-email-ID-Uninformed-Taxpayer-remands-notice-ITAT-news-ITAT-updates-taxscan.jpg "Reassessment Notice sent to Tax Consultant’s email ID goes Uninformed to Taxpayer: ITAT remands Notice [Read Order]")
ITAT quashes Income Tax Assessment due to Lack of Higher Authority Approval u/s 151 for Reopening Beyond 3 Years [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) quashed the income tax assessment order due to a lack of higher authority approval under Section 151 of the Income Tax Act, 1961 for the...
![ITAT quashes Income Tax Assessment due to Lack of Higher Authority Approval u/s 151 for Reopening Beyond 3 Years [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Mumbai-ITAT-Quashes-Income-Tax-Assessment-Higher-Authority-Approval-Lack-of-Higher-Authority-Approval-Section-151-of-the-Income-Tax-Act-taxscan.jpg "ITAT quashes Income Tax Assessment due to Lack of Higher Authority Approval u/s 151 for Reopening Beyond 3 Years [Read Order]")